Mattress Mack Bet: The largest bet on an NFL game ever and he lost….

The largest bet on an NFL game ever reported involved an eye-watering $5 million wager placed by Jim “Mattress Mack” McIngvale, a Houston-based furniture store owner. He bet a total of 9.5 million on the game, including a first bet worth 4.5 million, and then followed it up by a 5 million dollar wager, which is the largest single bet ever on an NFL game. Here’s a bit more detail on this massive bet:

Background:

• Jim “Mattress Mack” McIngvale is known for placing large bets on various sports events, often using these bets as a form of promotion for his furniture business, Gallery Furniture. He frequently offers customers a refund on their purchases if his bet wins, creating a high-stakes but potentially rewarding marketing strategy.

The Bet:

• Amount: $5 million
• Event: Super Bowl LVI (February 13, 2022)
• Teams: Los Angeles Rams vs. Cincinnati Bengals
• Details: Mattress Mack placed the bet on the Cincinnati Bengals to win the Super Bowl outright, meaning he bet on them to win the game, not just cover the spread.

Outcome:

• Result: The Los Angeles Rams won Super Bowl LVI, defeating the Cincinnati Bengals 23-20.
• Impact: Since the Bengals lost, Mattress Mack did not win his $5 million bet. However, these high-stakes bets are part of his larger promotional strategy, often resulting in increased business and publicity for his furniture store.

Significance:

This bet is one of the largest individual wagers ever placed on an NFL game, showcasing the high-risk, high-reward nature of sports betting and the unique promotional tactics employed by Mattress Mack.